American resources corporation's reelement technologies corporation and jupiter lithium limited sign joint development agreement to commercialize world class nigerian lithium deposit

The jupiter critical minerals project is a significant lithium deposit set to become nigeria's flagship lithium mine fishers, in / accesswire / july 12, 2024 / american resources corporation's (nasdaq:arec) ("american resources" or the "company") wholly owned subsidiary, reelement technologies corporation ("reelement"), a leading provider of high performance refining capacity of rare earth and critical battery elements, announced today that it has entered into a partnership with uk-based jupiter lithium ltd ("jupiter lithium"), owner of basin mining ltd and range mining ltd, to develop nigeria's first large-scale lithium deposit spanning 442 square kilometers of high-quality, lithium-rich terrain. the jupiter critical minerals project is poised to become a transformative project for nigeria, with the potential to establish the country as a regional hub for lithium mining and downstream battery and electric vehicle (ev) manufacturing.
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